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NEWPORT NEWS, VA 23605

Real Estate Market Report
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
21
⇩ 8.7% vs 23 last year
Pending
1
5% pending ratio
Median Price
$250,000
⇧ 6.3% vs $235,125 last year
Average Price
$254,625
⇧ 7.6% vs $236,590 last year
Days on Market
51
⇩ 17.7% vs 62 days last year

Market Context

Population: 13,359  ·  Density: 1,407.1/mi²  ·  Median household income: $44,644

Typical home value: $170,850  ·  Homeownership: 40.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEWPORT NEWS, VA real estate market (23605) currently shows 21 active listings, with 1 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 51 days on market compared to 62 days last year.

The median listing price has risen 6.3% year-over-year, from $235,125 to $250,000.

Whether you are buying or selling in NEWPORT NEWS, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 23 last year
  • Days on market: 51 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $250,000 (+6.3% YoY)
  • Average: $254,625 (+7.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.8 miles — 636 listings ($244,667,752 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23605Newport News, VA 236050.0 mi21$5,347,125$250,000$254,625
23661Hampton, VA 236612.8 mi47$12,697,332$262,500$270,156
23601Newport News, VA 236013.3 mi43$14,838,827$309,900$345,089
23669Hampton, VA 236695.8 mi106$34,274,888$301,667$323,348
23314Carrollton, VA 233147.2 mi38$15,095,956$342,000$397,262
23602Newport News, VA 236028.1 mi74$24,595,158$319,900$332,367
23664Hampton, VA 236648.8 mi47$25,481,614$390,000$542,162
23436Suffolk, VA 234369.4 mi5$5,710,700$719,450$1,142,140
23505Norfolk, VA 2350510.7 mi45$17,479,440$325,000$388,432
23608Newport News, VA 2360811.0 mi105$35,853,405$326,450$341,461
23508Norfolk, VA 2350811.5 mi43$16,661,683$364,900$387,481
23696Seaford, VA 2369612.1 mi10$6,109,600$547,350$610,960
23430Smithfield, VA 2343012.8 mi52$30,522,024$499,900$586,962

Frequently Asked Questions

How many homes are for sale in NEWPORT NEWS, VA 23605?

As of January 2026, there are 21 active listings in NEWPORT NEWS, VA (zip code 23605), compared to 23 the prior year.

What is the median home price in NEWPORT NEWS, VA 23605?

The median listing price in NEWPORT NEWS, VA 23605 is $250,000 as of January 2026, a 6.3% increase from $235,125 the prior year.

How long do homes stay on the market in NEWPORT NEWS, VA?

Homes in NEWPORT NEWS, VA 23605 spend an average of 51 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in NEWPORT NEWS, VA 23605?

Based on current inventory and days-on-market data as of January 2026, NEWPORT NEWS, VA 23605 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 62 days last year.

How much can I save on real estate commission in NEWPORT NEWS, VA?

With SELL123.com's maximum 3% commission, sellers in NEWPORT NEWS, VA 23605 save an estimated $5,000 compared to a typical 5% commission on the median listing price of $250,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.